38 Red Cedar Rd #38
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $589,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Wonderful Windchime 2 bedroom Condominium, freshly painted throughout with vaulted ceilings allowing an abundance of natural light - full basement - Move in condition. Recently upgraded quality stainless appliances with water heater. Beautiful natural setting and yet walk to everything including Mashpee Commons. Association pool and Tennis court. Nantucket style architecture with white picket fences and lovely well maintained landscaping. South facing patio. 2 parking spaced come with this unit.
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| Jun 25, 2013 | Sold | ||
| Sold | |||
| Mar 5, 2013 | Listed by Sotheby's International Realty | $338,000 | |
| Listed by Sotheby's International Realty | |||
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Celebrate life at Windchime, a wonderful place to live with a pool, tennis & clubhouse. Close to Mashpee Commons, South Cape Plaza, restaurants & shopping & a short drive to South Cape Beach & 4 golf courses. Enter into a gracious living/dining room with soaring ceilings, hardwood floors, gas fireplace & doors to a landcaped garden patio. Choose either a 1st or 2nd floor master bedroom and bath. You'll love the exquisite kitchen & 2nd floor loft ideal for an office, den or extra guest space.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2021
|
2 Bed
|
3 Bath
|
1644 ft²
|
$589,000
2 Bed
3 Bath
1644 ft²
|
$574,500
-2.46%
03/01/2022
|
Thomas O'Neill
O'Neill Real Estate, Inc.
| |
|
10/18/2021
| |
2 Bed
|
3 Bath
|
1644 ft²
|
$595,000
2 Bed
3 Bath
1644 ft²
|
$574,500
-3.45%
03/01/2022
|
Thomas J O'Neill
O'Neill Real Estate
|
|
03/05/2013
|
2 Bed
|
2 Bath
|
1644 ft²
|
$338,000
2 Bed
2 Bath
1644 ft²
|
$325,000
-3.85%
06/25/2013
|
Gene Marchand
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017